Granada Gold Mine grants 4.55M options at $0.05 tied to market-cap milestones
Granada Gold Mine (GGM) granted an officer 4,545,319 options at $0.05 with a four-year term. Vesting depends on $50M and $100M market-cap hurdles.
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what happened
Granada Gold Mine Inc. (GGM) granted an officer 4,545,319 stock options at an exercise price of $0.05. The options have a four-year term. They vest as market capitalization reaches $50 million and then $100 million, provided each level is sustained for 20 days within three years.
The details were reported by TradingView, citing a press release from the company distributed by TheNewswire. The summary was generated with AI, so important figures should be checked against the original source.
why it matters
For markets this is a compensation arrangement linked to company value, not a new source of capital. The options carry potential dilution for shareholders if the share price rises above $0.05. Commentators point to drilling results, financing or permits as the kind of catalysts that could lift market cap to the vesting hurdles.
tags
instruments
sources
- Granada Gold Mine Inc. (GGM) Grants 4.55M Options at $0.05 With Market-Cap Vesting — TradingView, 21 October 2026 at 23:15 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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